Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Nado+0.207%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days−0.204%−$20 · spread now +0.207%, 7d avg −0.013%
Together, before fees−0.204%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.221% dearer against Nado than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SOL-PERP117.750.0100pay 0.0012% / 1h20m 52s$5.7M$41.5M40x
ShortBulk SOL-USD118.000.0100get 0.0013% / 1h20m 52s$135.1M$14.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.207% → −0.013%
$22.08
Slippage, 4 orders
−$9.33
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$1.24
Costs to cover
0.233%
Break-even
127772364565022.7 days
Slippage from Nado: live order book, 3 min ago; Bulk: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago0.42 bp3.9 bp −$44.4 bp −$448.9 bp −$89226.9 bp −$13.4K
Sell Bulk live order book, 3 min ago4.24 bp7.7 bp −$87.7 bp −$777.7 bp −$7747.7 bp −$3,869

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h117.76+0.008%$921$8K25xas long as short
Vest SOL-PERP−0.0067%1h117.75−0.006%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.66−0.081%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0016%1h118.00+0.206%$101K$691K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.75−0.005%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.79+0.027%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.84+0.073%$1.4M$20.9M3.1xas long as short
Deribit SOL_USDC-PERPETUAL+0.0012%1h117.75−0.005%$26.4M$25.5M50xas long as short
RISEx SOL/USDC+0.0018%1h117.77+0.012%$2.0M$4.7M20xas long as short
ApeX Omni SOLUSDT+0.0030%1h117.91+0.132%$1.5M$6.0M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0049%1h117.72−0.034%$31.6M$98.9M100xas long as short
Gate SOL_USDT+0.0050%8h117.65−0.089%$851.7M$663.2M100xas long as short
HTX SOL-USDT+0.0052%8h117.71−0.036%$228.8M$45.5M75xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.71−0.036%$8.0M$409.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.65−0.090%$369.2Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.74−0.015%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.70−0.046%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h117.70−0.045%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.78+0.021%$103K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.73−0.024%$345K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.77+0.012%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.73−0.021%$65K$855K20xas long as short
Nado SOL-PERPlong+0.0100%1h117.75long leg$5.7M$41.5M40x
Aster SOLUSDT+0.0100%8h117.65−0.091%$176.6M$179.8M100xas long as short
Pacifica SOL+0.0100%1h117.79+0.033%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.63−0.106%$969.6M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.65−0.089%$820.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.63−0.106%$365.7M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.71−0.038%$239K$892K10xas long as short
Arcus SOL-USD+0.0100%1h117.76+0.005%$2.0M$9.0M20xas long as short
Bulk SOL-USDshort+0.0100%1h118.00+0.207%$135.1M$14.3M20x
MEXC SOL_USDT+0.0100%8h117.62−0.115%$425.9M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.63−0.110%$131.3M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.60−0.130%$487.1M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.70−0.047%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h117.74−0.010%$24.4M$122.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.93+0.151%$94.7M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.96+0.176%$48.3M$28.8M20xas long as short
StandX SOL-USD+0.0100%1h117.96+0.174%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.76+0.004%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.750.000%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.73−0.022%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.76+0.001%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72−0.030%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.71−0.038%$45.9M$101.4M50xas long as short
Phoenix SOL+0.0101%1h118.11+0.301%$6.5M$13.5M25xas long as short
Hyperliquid SOL+0.0104%1h117.80+0.034%$720.3M$400.0M20xas long as short
Extended SOL-USD+0.0104%1h117.61−0.125%$8.1M$36.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.74−0.010%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.75−0.004%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87+0.098%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.75−0.006%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0336%1h117.91+0.130%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.82+0.057%$129K$3.9M8.3xas long as short